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CABLE BREAKS RESISTANCE TO REACH A 12 WEEK HIGH
July 26, 2010[Story ID: 5491]
As it turned out Friday’ -
MARKET SENTIMENT TURNS NEGATIVE ON BERNANKE COMMENTS
July 22, 2010[Story ID: 5383]
On Monday, Federal Reserve Chairman Ben Bernanke, delivered the Monetary Policy Report to Congress. The highlight of the report was the Chariman’ -
STERLING EXTENDS ITS DECLINE AGAINST THE MAJORS
July 20, 2010[Story ID: 5296]
The British Pound extended the decline from the previous day and slipped to a low of 1.5174 during the European trade as the economic docket reinforced a weakened outlook for the U.K., and the exchange rate may continue to trend lower going into the North American session as investors hold a cautious outlook [...] -
Japan: Interest rate remains unchanged at 0.1% in July
July 15, 2010[Story ID: 5103]
FXstreet.com (Córdoba) – The BoJ decided by unanimous vote to keep the cash rate unchanged at 0.1% as widely expected. The rate has remained at 0.1% since December 2008.
“Japan’ -
STERLING DOWNSIDE RISKS CONTINUE IN EARLY MORNING TRADE
July 12, 2010[Story ID: 5014]
Forex markets are seeing considerable movement already this morning with Sterling currently being sold off against virtually all of its counterparts. Briefly looking at last week the British Pound held a narrow range as the Bank of England refrained from releasing a policy statement following its interest rate decision for July, and the [...] -
Risk Returns to the Forex Market
July 8, 2010[Story ID: 4955]
Aussie leads the way higher in currency trading
Risk appetite is making a return to the forex market today as the Australian dollar leads risk currencies higher in trading. The Asian session saw an explosion of risk, while things grew a little more subdued during the European session. However, risk appetite remains healthy, in [...] -
Dollar hammered by yen as job concerns remain
June 30, 2010[Story ID: 4647]
The dollar has quietly slipped against the yen in this week’ -
Fed expresses it’s concerns as pound nears $1.50
June 24, 2010[Story ID: 4458]
A slew of mixed economic reports Thursday (June 24) morning reinforced the economic uncertainty of the Federal Reserve’ -
Euro stabilized as worst credit fears subside
June 17, 2010[Story ID: 4227]
The Euro appears to be relatively stable this week, with a current rate of $1.2304. It actually reached a Wednesday morning (June 16) high of $1.2355 before receding a bit in the mid morning trade.
At its high point for the day, the Euro was up nearly five pips over its long-term low [...] -
Mortgage rates extremely low as interest rate policy tension mounts
June 9, 2010[Story ID: 4179]
The average interest rate for a conventional 30-year fixed loan in the US is a remarkably low 4.82 per cent Wednesday (June 9) morning, compared to a 4.91 per cent average rate on Wednesday of last week, according to the Bankrate.com survey of mortgage lenders from across the country.
A 15-year fixed loan offers [...]